Global Partners

Global Partners

About Global Partners

Simplify's Rating
Why Global Partners is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Automotive & Transportation

Energy

Company Size

51-200

Company Stage

IPO

Headquarters

Waltham, Massachusetts

Founded

1933

Overview

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Simplify's Take

What believers are saying

  • Increased demand for sustainable energy solutions boosts biofuels sector growth.
  • Expansion of renewable diesel production opens new markets in North America.
  • Focus on carbon footprint reduction aligns with Global Partners' sustainability goals.

What critics are saying

  • Increased competition from renewable energy impacts traditional fuel sales.
  • Volatility in crude oil prices poses a risk to profit margins.
  • Shift towards electric vehicles reduces demand for gasoline.

What makes Global Partners unique

  • Global Partners is involved in the growing biofuels sector.
  • The company is diversifying offerings with the rise of EV infrastructure.
  • Global Partners is enhancing supply chain efficiency through digital transformation.

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Funding

Total Funding

$450M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Company News

Business Wire
Jan 3rd, 2024
Global Partners LP Announces Private Offering of Senior Notes

Global Partners LP (NYSE: GLP) (“Global”) today announced that it intends to commence a private offering to eligible purchasers, subject to market and

Business Wire
Sep 22nd, 2022
Global Partners Continues Expansion in the Mid-Atlantic Region with Acquisition of Tidewater Convenience, Inc.

Global Partners LP (NYSE: GLP) (“Global” or “the Partnership”), one of the Northeast and mid-Atlantic’s largest independent owners, suppliers, and ope

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